TSLA Trade on May 4, 2023 09:50 from Dandres: Tradervue User Stock Trades.

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Dandres

 

PREMARKET
- No news or nothing, was just watching it because TSLA moves like it always has a catalyst.
- ATR: >7$, ETB, MC.
- No plan, just need to see confirmation on either side with clear confirmation, was thinking the move to the upside to the daily level 165$ looked like a good target or good resistance level for a short.
OPEN
- SECOND TRADE: This was the second trade of the day, previous to this I got stopped out on the short side. It was showing strength upside, so I got in on small entry on 1 min and 5 min confirmation for the move to the upside target level 165$. On the 1 min chart I did not like the following candle action of lower highs/lows, I got out myself to save myself the bigger loss. The price action DID go lower. I couldve lost a lot more.
- You could always RISK LESS
REFLECTION
- I didn't like my first trade of the day, it was with indicators against me so it shouldn't have happened in the first place.
- I liked the second trade of the day because It was on real 1 min and 5 min confirmation.
- Im proud of myself on getting out early on that 1 min candle action to the downside. I saved myself a bigger loss.
You can always risk less


Execution detail:

Date/time Symbol Side Price Position
2023-05-04 09:50:31 TSLA buy $162.050 long
2023-05-04 09:53:09 TSLA buy $162.060 long
2023-05-04 09:54:01 TSLA buy $162.200 long
2023-05-04 09:55:24 TSLA buy $162.170 long
2023-05-04 09:58:07 TSLA sell $162.110 0


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